Acadia Realty Trust (AKR) Lags Q4 FFO and Revenue Estimates

Group 1 - Acadia Realty Trust reported quarterly funds from operations (FFO) of $0.32 per share, missing the Zacks Consensus Estimate of$ 0.33 per share, but showing an increase from $0.28 per share a year ago, resulting in an FFO surprise of -3.03% [1] - The company posted revenues of$ 93.33 million for the quarter ended December 2024, which was 0.92% below the Zacks Consensus Estimate, compared to $85.51 million in the same quarter last year [2] - Acadia Realty Trust has surpassed consensus revenue estimates three times over the last four quarters, indicating some volatility in performance [2] Group 2 - The stock has underperformed the market, losing about 3.7% since the beginning of the year, while the S&P 500 has gained 3.1% [3] - The future performance of Acadia Realty Trust's stock will largely depend on management's commentary during the earnings call and the outlook for FFO [3][4] - Current consensus FFO estimate for the coming quarter is$ 0.31 on revenues of $97.5 million, and for the current fiscal year, it is$ 1.34 on revenues of $403.4 million [7] Group 3 - The estimate revisions trend for Acadia Realty Trust is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] - The REIT and Equity Trust - Retail industry is currently in the top 29% of Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]